ADVERTISEMENT
  • The Membership Club
  • #EndSARS Dashboard
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Wednesday, May 18, 2022
Premium Times Nigeria
  • Home
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • COVID-19
    • News Reports
    • Special Reports and Investigations
    • Data and Infographics
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Data and Infographics
    • Features and Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • #EndSARS Dashboard
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • #PandoraPapers
  • AUN-PT Data Hub
  • Home
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • COVID-19
    • News Reports
    • Special Reports and Investigations
    • Data and Infographics
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Data and Infographics
    • Features and Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • #EndSARS Dashboard
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • #PandoraPapers
  • AUN-PT Data Hub
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
Minister of Transportation, Chibuike Rotimi Amaechi. [Photo credit: Qed.ng]

Minister of Transportation, Chibuike Rotimi Amaechi. [Photo credit: Qed.ng]

Why Ibadan-Kano rail is yet to commence- FG

An official says the federal government is awaiting the $5.3 billion Chinese funding to commence work.

byAyodeji Adegboyega
January 9, 2021
2 min read

The federal government would commence the Ibadan to Kano rail project immediately after the Chinese government approves its $5.3 billion loan to Nigeria, the Minister of Transportation, Rotimi Amaechi, has said.

To complete all its planned rail projects, Nigeria has relied largely on loans from the Chinese government.

The minister said other investors who showed interest in helping Nigeria developed cold feet later.

Speaking on NTA Weekend Deal Programme in Abuja, the official said the federal government had already approved the contract.

“We are waiting for the Chinese government and bank to approve the $5.3 billion to construct the Ibadan-Kano. What was approved a year ago was the contract.

“The moment I announce that federal government has awarded a contract of $5.3 billion to CCECC to construct Ibadan-Kano, they assume the money has come in, no.

“Up to now, we have not gotten the money a year after we have applied for the loan. We have almost finished the one of Lagos-Ibadan. If we don’t get the loan now, we can’t commence,” he added.

Mr Amaechi also said the Ibadan-Kano rail would link six areas which span Kaduna-Kano-Abuja-Minna-Ilorin-Oshogbo-Ibadan where cargoes could be moved to Kano from Lagos.

‘Wet cargoes’

Reacting on the issue of wet cargoes on the road causing accidents, he said “cargoes can only go from Lagos to Ibadan for now”.

ALSO READ: Lagos Light Rail: 17 years after, failed promises, rot, neglect trail project

He said when the Ibadan to Kano rail project is completed, “wet and dry cargoes can be transported from Lagos to Kano.”

“Nigeria should be more patient with the Ministry of Transportation over the issue of wet cargoes. Currently, we are trying to construct the railway into the seaports to enable us transport either wet or dry cargoes to various destinations. The only wet cargo that can go now is between Lagos to Ibadan.

1X Bet AD

“The moment we conclude that, we will be able to move wet cargoes all the way to Kano from Lagos. We should also commence the construction of Port Harcourt to Maiduguri. We should be able to move cargoes from Bonny to Maiduguri,” he said.

Mr Amaechi said the ministry of finance “is in charge of funding of rail projects not the ministry of transportation,” adding that “they have the presidential approval to borrow money to fund projects.”

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

CITIZEN-FM AD


Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate



TEXT AD: To place an advert here . Call Willie - +2348098788999


JOIN THE CONVERSATION

  • Disqus (6)
premiumtimes





PT Mag Campaign AD

Previous Post

18-year-old dies in Yobe government lodge

Next Post

Seven SIM cards can be linked to one NIN—Minister

Ayodeji Adegboyega

Ayodeji Adegboyega

More News

Plenary session of the House or Representatives [PHOTO CREDIT: @HouseNGR]

EXCLUSIVE: Former Speaker of the House of Reps arrested, detained

May 17, 2022
Students writing the UTME exams in Abuja

2022 UTME: JAMB warns candidates against approaching fraudsters to inflate scores

May 17, 2022
Students of the University of Ibadan during their ASUU protest today.

Strike: Again, soldiers attack protesting Nigerian students

May 17, 2022
Scene of Kano explosion that claims Nine lives (PHOTO CREDIT: Police PPRO kano)

PHOTO STORY: Nine bodies recovered at scene of Kano explosion – NEMA

May 17, 2022
NBA President, Olumide Akpata

Alleged Blasphemy: NBA cancels conference over murder of Sokoto college student

May 17, 2022
Adeyinka Grandson

EXCLUSIVE: Untold story of Adeyinka Grandson’s immigration, marital troubles

May 17, 2022
Next Post
Minister of Communication, Dr Isa Ali Pantami

Seven SIM cards can be linked to one NIN—Minister

WAFU B Super Eaglets

WAFU B Tournament: Golden Eaglets risk early exit after Ghana draw

Read All Comment

Search

AUN-PT Ad





Transport-Technology


Stanbic Ad


Access Bank Ad





Glo Ad


Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,839,348 other subscribers.

Advertisement






netherland biz school Advert



Zenith Advert

ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • #PandoraPapers
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • COVID-19
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Investigations
    • Investigations
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • #EndSARS Dashboard
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • AUN-PT Data Hub
  • Opinion
  • The Membership Club
  • Dubawa
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.